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 Video: What is a Stock Split?
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| Cemtrex is a technology company. Co. has two business segments, consisting of Advanced Technologies (AT) and Industrial Services (IS). Co.'s AT segment operates several brands that deliver software and hardware technologies, including: Co.'s subsidiary, Vicon Industries, Inc., which provides end-to-end video security solutions; and SmartDesk, which is focused on reinventing the workspace through developing workplace solutions. Co.'s IS segment operates through a brand, Advanced Industrial Services, that provides single-source capability and services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to its customers. According to our CETXP split history records, CETXP has had 8 splits. | |
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CETXP (CETXP) has 8 splits in our CETXP split history database. The first split for CETXP took place on September 18, 2017. This was a 11 for 10 split, meaning for each 10 shares of CETXP owned pre-split, the shareholder now owned 11 shares. For example, a 1000 share position pre-split, became a 1100 share position following the split. CETXP's second split took place on March 29, 2018. This was a 105 for 100 split, meaning for each 100 shares of CETXP owned pre-split, the shareholder now owned 105 shares. For example, a 1100 share position pre-split, became a 1155 share position following the split. CETXP's third split took place on September 27, 2019. This was a 105 for 100 split, meaning for each 100 shares of CETXP owned pre-split, the shareholder now owned 105 shares. For example, a 1155 share position pre-split, became a 1212.75 share position following the split. CETXP's 4th split took place on September 29, 2021. This was a 105 for 100 split, meaning for each 100 shares of CETXP owned pre-split, the shareholder now owned 105 shares. For example, a 1212.75 share position pre-split, became a 1273.3875 share position following the split. CETXP's 5th split took place on March 30, 2022. This was a 105 for 100 split, meaning for each 100 shares of CETXP owned pre-split, the shareholder now owned 105 shares. For example, a 1273.3875 share position pre-split, became a 1337.056875 share position following the split. CETXP's 6th split took place on September 29, 2022. This was a 105 for 100 split, meaning for each 100 shares of CETXP owned pre-split, the shareholder now owned 105 shares. For example, a 1337.056875 share position pre-split, became a 1403.90971875 share position following the split. CETXP's 7th split took place on March 30, 2023. This was a 105 for 100 split, meaning for each 100 shares of CETXP owned pre-split, the shareholder now owned 105 shares. For example, a 1403.90971875 share position pre-split, became a 1474.1052046875 share position following the split. CETXP's 8th split took place on March 27, 2024. This was a 105 for 100 split, meaning for each 100 shares of CETXP owned pre-split, the shareholder now owned 105 shares. For example, a 1474.1052046875 share position pre-split, became a 1547.81046492188 share position following the split.
When a company such as CETXP splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the CETXP split history from start to finish, an original position size of 1000 shares would have turned into 1547.81046492188 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into CETXP shares, starting with a $10,000 purchase of CETXP, presented on a split-history-adjusted basis factoring in the complete CETXP split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
02/21/2017 |
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| End date: |
04/26/2024 |
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| Start price/share: |
$6.26 |
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| End price/share: |
$0.25 |
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| Starting shares: |
1,597.44 |
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| Ending shares: |
1,644.62 |
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| Dividends reinvested/share: |
$0.12 |
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| Total return: |
-95.89% |
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| Average Annual Total Return: |
-35.89% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$411.24 |
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| Years: |
7.18 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
02/21/2017 |
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| End date: |
04/26/2024 |
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| Start price/share: |
$6.26 |
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| End price/share: |
$0.25 |
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| Dividends collected/share: |
$0.12 |
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| Total return: |
-94.02% |
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| Average Annual Total Return: |
-32.46% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$597.83 |
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| Years: |
7.18 |
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| Date |
Ratio |
| 09/18/2017 | 11 for 10 | | 03/29/2018 | 105 for 100 | | 09/27/2019 | 105 for 100 | | 09/29/2021 | 105 for 100 | | 03/30/2022 | 105 for 100 | | 09/29/2022 | 105 for 100 | | 03/30/2023 | 105 for 100 | | 03/27/2024 | 105 for 100 |
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